Crude futures stable in Asia as rising coronavirus cases offset US inventory draw

Crude futures stable in Asia as rising coronavirus cases offset US inventory draw
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06.08.2020

MOSCOW (MRC) -- Crude oil futures were largely steady in mid-morning trade in Asia July 30, as a sharp uptick in global coronavirus cases overrode a deep decline in US inventory stocks, reported S&P Global.At 10:30 am Singapore time (0230 GMT), ICE Brent September crude futures was up 5 cents/b (0.11%) from the July 29 settle at USD43.80/b, while NYMEX September light sweet crude contract

Full article at mrcplast.com

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